74553, Kiowa, OK

The Kiowa home equity and home prices are reflective of the overall market conditions in the area. The median home value in Kiowa is $128,000, which is lower than the statewide median of $148,000. However, Kiowa's home values have increased by 5.5% over the past year, which is faster than the statewide average of 2.9%.

There are a number of factors that may contribute to this trend including low interest rates and increasing demand for housing in Kiowa. Additionally, Kiowa has a relatively low unemployment rate (4%) compared to other areas of Oklahoma. This may be contributing to increased demand for homes as families look for affordable housing options.

Despite these positive trends, there are still some areas where Kiowa's home values lag behind those in other parts of the state. For example, Kiowa's median home value is lower than that of Tulsa ($139,000) and Oklahoma City ($130,000). Additionally, while Kiowa's home values have increased by 5.5% over the past year compared to 2.9% statewide average growth rate, this still leaves much room for improvement in terms of affordability for residents within the city limits.